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Stanbic IBTC Bank PLC Victoria Island Lagos, NigeriaThe Standard Bank Group merged its Nigerian operations, Stanbic Bank Nigeria with that of IBTC Chartered Bank PLC. The merger, by way of the first ever tender offer in Nigeria and a $525 million FDI, the largest in Nigerian financial history, gave birth to a new entity now known as Stanbic IBTC Bank PLC which became part of the Standard Bank Group. The merger was officiated in August of this year and legalised on the 24th of September 2007.

First Bank of Nigeria Victoria Island LagosFirstBank engages in the business of commercial banking and has a number of subsidiaries that focus on international commercial banking, registrars, trusteeship, capital markets, pension fund custodians, mortgage financing, insurance brokerage, management of SMIEIS fund investments, small-scale banking and bureau de change activities.

Guaranty Trust Bank plc Victoria Island, Lagos State, NigeriaGuaranty Trust Bank plc is a foremost Nigerian financial institution with vast business outlays spanning Anglophone West Africa and the United Kingdom. The Bank presently has an Asset Base of over 2 Trillion Naira, shareholders funds of over 200 Billion Naira and employs over 5,000 people in Nigeria, Cote dIvoire, Gambia, Ghana, Liberia, Sierra Leone and the United Kingdom.

United Bank for Africa (UBA)UBA’s history dates back to 1948 when the British and French Bank Limited (“BFB”) commenced business in Nigeria and the erstwhile STB and CTB both in 1990. Following Nigeria’s independence from Britain, UBA was incorporated in 1961 to take over the business of BFB. Although today’s UBA emerged at a time of industry consolidation induced by regulation, the consolidated UBA was borne out of a desire to lead the domestic sector to a new era of global relevance by championing the creation of the Nigerian consumer finance market, leading a private/public sector partnership at supporting the acceleration of Nigeria’s economic development, and growing the institution from a banking to a one-stop financial services institution, while spreading its footprints across Africa to earn the reputation as the face of banking in the continent.

Enterprise Bank Limited Victoria Island, LagosEnterprise Bank Limited (EBL) received a license to operate as a commercial bank from the Central Bank of Nigeria (CBN) on August 5, 2011. The bank has a capital base of N29.8 billion and an asset base of about N280billion. This immediately gives the new bank a strong competitive edge among the comity of strong banks in the country. With a vision to be the preferred bank for value creation and a mission to delight our stakeholders through a highly motivated workforce using innovative solutions, EBL is set for rapid growth and eventual emergence as one of the most efficient banks within the shortest possible time.